Indian Premier League Cricket
Chairman, Lalit Modi, has said that he is comfortable defending the large sums of money at play in his new cricket league.
Modi has turned the Board of Control for Cricket in India into one of the richest sporting organizations in the world, with annual revenue of over a billion dollars. The officially sanctioned Indian Premier League has been a promoter’s dream. The league was partly funded by some of the biggest names in Bollywood who bought teams in the league and then paid six cricketers over a million dollars to play at a player auction.